eesquared

MBIA Turns Thuggish

Open and transparent debate is one matter. But amassing large sums of money, by way of a hedge fund, to then pound down an otherwise low volume stock until long term, small guy, shareholders sell is manipulation. Ackman should be sued, not because he is criminal, rather he finds legal methods to swindle thousands of working Americans out of their hard earned retirement savings. If it turns out that MBIA and Ambac survive and in 3 years are healthy companies, than all Ackman did was use hedge fund power to steal retirement savings from innocent people.